Prairie Grade & Flow Rates, page-27

some of the latest news on lithium:

• India to start lithium, other critical mineral blocks auction in next four months. India is planning to auction some 100 critical mineral blocks in the next four months, including lithium, as part of its efforts to secure domestic supplies of these minerals.
• Exide's lithium-ion cell project secures Rs 2,000 crore line of credit from banks. Exide Industries has secured a Rs 2,000 crore line of credit from a consortium of banks to finance its lithium-ion cell project. The project is expected to be operational by 2025 and will have a capacity of 10 GWh per annum.
• Cornish Lithium secures investment from UK Infrastructure Bank, EMG, and TechMet. Cornish Lithium, a UK-based lithium exploration company, has secured £100 million in investment from the UK Infrastructure Bank, EMG, and TechMet. The investment will be used to develop the company's lithium project in Cornwall.
• IFC supports development of Sal de Vida in Argentina. The International Finance Corporation (IFC), a member of the World Bank Group, has agreed to provide $1.3 billion in financing to support the development of the Sal de Vida lithium project in Argentina.
• Lithium Ionic signs MOU with Invest Minas for the licensing and development the Itinga and Salinas lithium projects, Brazil.Lithium Ionic, a US-based lithium exploration company, has signed a memorandum of understanding with Invest Minas, a Brazilian state investment company, to license and develop the Itinga and Salinas lithium projects in Brazil.
• Infinity successfully produces battery grade lithium hydroxide.Infinity Lithium, a UK-based lithium development company, has successfully produced battery grade lithium hydroxide at its plant in Spain. This is a significant milestone for the company, as it means that it is now one step closer to commercializing its lithium production.

In addition to these specific news items, there is also a growing awareness of the importance of lithium for the green transition. Lithium is a key component of lithium-ion batteries, which are used in electric vehicles, energy storage systems, and other emerging technologies. As demand for these technologies increases, so too will demand for lithium.

This is leading to a number of challenges, including the need to secure adequate supplies of lithium and to develop more sustainable lithium mining practices. However, there is also a lot of investment and innovation happening in the lithium sector, which suggests that the challenges can be overcome.

Overall, the outlook for lithium is positive. Lithium is a critical mineral for the green transition, and demand for lithium is expected to grow significantly in the coming years. While there are some challenges to be addressed, the lithium sector is well-positioned to meet the growing demand for lithium.